Liberty Financial Group Ltd

LFG

Company Profile

  • Business description

    Founded in 1997, Liberty Financial Group is a nonbank lender operating in Australia and New Zealand. Unlike banks, nonbanks are unable to take customer deposits, a privilege exclusive to Authorized deposit-taking institutions, or ADIs. Liberty operates three business segments: residential, secured finance, and financial services. Mortgages make up about 55% of the loan book, with a focus on higher-risk borrowers. Secured finance makes up 40% of loans, including motor finance, commercial property loans, and self-managed superannuation fund, or SMSF, loans. The financial services division includes unsecured personal and small and midsize business loans, mortgage broking, and distribution of general and life insurance.

  • Contact
  • Sector

    Financial Services

    Stock type

  • Industry

    Credit Services

    Fiscal Year End

    Employees

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The ASX lender that may stand to gain from rate cuts

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